Trend Analysis: Performs linear regression on short term (20 day), intermediate term (60 day) and long term (120 day) high and low analysis to determine if trend lines (rSquare>0.8) and channels exists. The slope is the daily gain (-loss) of the trend line.Alerts include existence of trend channels and recent break outs.
TrendTermSlopeTodays ValuerSquare
Tops Long 0.06 9.71 0.94
Bottoms Long 0.06 9.05 0.87
Tops Intermediate 0 9.19 0.72
Bottoms Intermediate 0 8.49 0.60
Tops Short 0.06 9.32 0.76
Bottoms Short 0.06 8.70 0.76
alerts
Long Term Upward Sloping Trading Channel